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==<strong>Further reading</strong>== | ==<strong>Further reading</strong>== | ||
=== Current News Articles (2021) === | |||
* [https://asiatimes.com/2021/12/quantum-hackers-can-bring-down-bitcoin-expert/ 12/2021 Asia Times: A Professor of the Tsinghua University is warning of the quantum computer threat to bitcoin] | |||
* [https://scitechdaily.com/beyond-qubits-cryogenic-chip-is-big-step-to-scale-up-quantum-computing/ 11/2021 Cryogenic Chip is a big step to scale up quantum computing] | |||
* [https://www.i-micronews.com/quera-computing-emerges-from-stealth-with-17m-to-launch-quantum-device/?cn-reloaded=1 11/2021 $17m to launch quantum device] | |||
* [https://fortune.com/2021/11/15/ibm-quantum-computer-127-qubit-eagle-processor/ 11/2021 IBM announces a 127 qbit processor] | |||
* [https://bitcoinmagazine.com/technical/quantum-computing-and-bitcoin-security 10/2021 Bitcoinmagazine: Quantum Computing - a risk to bitcoin?] | |||
* [https://www.loop.markets/prepare-for-post-quantum-cryptography/ 10/2021 loop: prepare for post quantum cryptography] | |||
* [https://californianewstimes.com/physicists-create-new-technique-to-control-qubits-the-building-blocks-of-quantum-computing/546223/ 10/2021 California: learning to control qubits] | |||
* [[Other_News|Other News Articles]] | |||
=== Series: Quantum resistant blockchain and cryptocurrency, the full analysis === | === Series: Quantum resistant blockchain and cryptocurrency, the full analysis === | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-1-daa211565a68 | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-1-daa211565a68 Laying the groundwork] | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-2-c15b82e5ea55 | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-2-c15b82e5ea55 Blockchain mathematical concepts] | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-3-f9193634ecc5 | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-3-f9193634ecc5 Quantum resistant blockchains explained] | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-4-7583673ad681 | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-4-7583673ad681 Challenges in upgrading existing blockchains] | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-5-7d9afffa05bf | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-5-7d9afffa05bf Challenges in upgrading existing blockchains, continued] | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-6-769973d3decf | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-6-769973d3decf Why BTC is vulnerable for quantum attacks sooner than todays estimates] | ||
#[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-7-61e15f561a9f | #[https://medium.com/altcoin-magazine/quantum-resistant-blockchain-and-cryptocurrency-the-full-analysis-in-seven-parts-part-7-61e15f561a9f Common arguments and false claims] | ||
=== Academic Papers === | === Academic Papers === | ||
* [https://arxiv.org/pdf/1710.10377.pdf | * [https://arxiv.org/pdf/1710.10377.pdf Quantum attacks on Bitcoin, and how to protect against them] | ||
* [https://eprint.iacr.org/2017/598.pdf | * [https://eprint.iacr.org/2017/598.pdf Quantum Resource Estimates for Computing Elliptic Curve Discrete Logarithms] | ||
Revision as of 15:55, 2 December 2021
Frequently asked quantum questions (FAQQ) is a wikimedia website towards answering, in a well-referenced fashion, common statements, assertions, and misconceptions about how quantum computing will effect Bitcoin along with the rest of the blockchain space.
It's put together by contributing members from the Quantum Resistant Ledger.
Overview
Assertions
Misconceptions
- Bitcoin's developers have already planned for this.
- Bitcoin will just hard/softfork
- If they can break SHA_256, we’ll upgrade to SHA_384
- But if you don’t reuse addresses, you’re safe because BTC only exposes the hash of your public key if you have never transferred BTC from that address
- Quantum computing is a long ways away, there's no need to bother
- If ECDSA will be broken, banks and the whole internet is broken. Blockchain is the least we’ll need to worry about then.
Further reading
Current News Articles (2021)
- 11/2021 Cryogenic Chip is a big step to scale up quantum computing
- 11/2021 $17m to launch quantum device
- 11/2021 IBM announces a 127 qbit processor
- 10/2021 Bitcoinmagazine: Quantum Computing - a risk to bitcoin?
- 10/2021 loop: prepare for post quantum cryptography
- 10/2021 California: learning to control qubits
Series: Quantum resistant blockchain and cryptocurrency, the full analysis
- Laying the groundwork
- Blockchain mathematical concepts
- Quantum resistant blockchains explained
- Challenges in upgrading existing blockchains
- Challenges in upgrading existing blockchains, continued
- Why BTC is vulnerable for quantum attacks sooner than todays estimates
- Common arguments and false claims
